You've Got To Be Kidding Me

A discussion on gold, silver, and the markets.

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Location: Freehold, NJ, United States

Married with two children and one toy poodle which was not my first choice but I like her anyway. Been on the Street since 1989, mostly as a retail broker.

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Monday, February 25, 2008

They win again......Gold is dead money......

Well, they win again. It was just announced that Congress will prolly approve some IMF gold sales and of course gold is now down $11 on the news. IMO, gold is dead money until these sales are cleared up. So what that not once ounce of gold from the IMF will hit the open market. The goal of suppressing the price has been accomplished. I am short and will get shorter.


I hope anyone who had a doubt about how controlled and fixed the gold market really is now clear on how the market works.

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